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MGS Corporation
Spain
01 Jul 2005 (20 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know MGS Corporation
Company Information
Get to know MGS Corporation
MGS Corporation is a global technology & solutions provider for mobile and wireless platforms. The core business is focused on mobile lottery and gaming solutions, solutions for mobile charity, mobile forex platforms, and associated mobile security products. MGS holds several patents in mobile lottery operations covering Europe, Asia and Russia. Product ranges for the Mobile Lottery and Mobile Charity markets include Lotto, Bingo, Scratch Cards and Keno. All games are driven from the patented JetBet MGS platform, whether SMS, mobile web or Application based. MGS has launched in parallel to its core lottery and charity products, an analysis and trading platform based on our unique algorithm for the currency markets - Mobile And Charity Forex, a worlds first for charity fundraising via mobile devices. In 2012 MGS acquired MYMobile Security, a provider of security products for Android devices to bolster its range of activities in the mobile space. MGS has registered patents for mobile lottery operations and also patents for super distribution, more info is on our patent section on our website.
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